Molina Healthcare (NYSE:MOH – Get Free Report) had its target price cut by stock analysts at Cantor Fitzgerald from $180.00 to $144.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Cantor Fitzgerald’s target price points to a potential upside of 9.27% from the stock’s current price.
Several other equities research analysts have also issued reports on the stock. Sanford C. Bernstein reissued an “outperform” rating and issued a $224.00 target price on shares of Molina Healthcare in a report on Tuesday, January 6th. Barclays boosted their price target on Molina Healthcare from $144.00 to $164.00 and gave the stock an “underweight” rating in a report on Monday, January 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Molina Healthcare in a research note on Thursday, January 22nd. Mizuho set a $220.00 target price on Molina Healthcare in a research report on Friday, January 9th. Finally, TD Cowen cut Molina Healthcare from a “buy” rating to a “hold” rating and set a $203.00 price target for the company. in a report on Thursday, October 16th. Three analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $180.07.
Check Out Our Latest Analysis on MOH
Molina Healthcare Stock Performance
Molina Healthcare (NYSE:MOH – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported ($2.75) earnings per share for the quarter, missing the consensus estimate of $0.43 by ($3.18). Molina Healthcare had a return on equity of 13.60% and a net margin of 1.04%.The business had revenue of $11.38 billion during the quarter, compared to the consensus estimate of $10.90 billion. During the same quarter in the previous year, the business posted $5.05 earnings per share. The firm’s revenue was up 8.3% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, research analysts anticipate that Molina Healthcare will post 24.4 earnings per share for the current year.
Insider Transactions at Molina Healthcare
In other Molina Healthcare news, Director Richard M. Schapiro sold 357 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $143.02, for a total transaction of $51,058.14. Following the transaction, the director owned 11,352 shares in the company, valued at $1,623,563.04. The trade was a 3.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.26% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Molina Healthcare
Several hedge funds have recently added to or reduced their stakes in MOH. First Horizon Advisors Inc. raised its position in Molina Healthcare by 2,140.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 112 shares of the company’s stock worth $33,000 after purchasing an additional 107 shares during the period. Torren Management LLC bought a new position in shares of Molina Healthcare during the fourth quarter valued at approximately $26,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Molina Healthcare in the second quarter worth approximately $45,000. Miller Global Investments LLC bought a new stake in shares of Molina Healthcare during the 4th quarter worth approximately $27,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Molina Healthcare during the 2nd quarter worth approximately $48,000. 98.50% of the stock is currently owned by institutional investors.
Molina Healthcare Company Profile
Molina Healthcare, Inc is a managed care company specializing in government-sponsored health insurance programs. The company offers Medicaid managed care plans, Medicare Advantage and prescription drug plans, and individual Marketplace plans under the Affordable Care Act. Through an integrated care model, Molina emphasizes preventive and primary care services, care coordination, and disease management to improve health outcomes for its members.
The company traces its roots to the early 1980s, when Dr.
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